Arab countries public expenditure climbs to US$957.5bn in 2022: AMF
Abu Dhabi, UAE--The total public expenditure of Arab countries combined jumped by 9.8% to $957.5 billion in 2022, compared to...Economy
WEF24: AI needs to unite public and private sector
There is a need to align AI goals between public and private sectors to balance cost reduction with job creation...Economy
DEWA smart meters’ number up 73% in four years
Dubai, UAE---Dubai Electricity and Water Authority (DEWA) recorded a growth in the number of smart water meters by 73.6 percent...DEWA has more than two million smart electricity and water metres in Dubai.
Automating metre readings helps customers receive instant information on their consumption patterns and effectively manage, monitor and control their consumption.
Away game: Qatar World Cup looms as money-spinner for Dubai
With little investment the UAE, and in particular Dubai, stands to gain if, as expected, supporters opt to stay in...Budget airline flydubai will run at least 30 return flights a day to Doha, just an hour away
Dubai Sports Council has estimated about a million World Cup fans could arrive in the city
Morocco, Nigeria agree on project to pipe gas to W.Africa and Europe
The agreement to go ahead with the Nigeria-Morocco Gas Pipeline project was inked in Rabat by the two countries and...Once completed, it would be connected to the Maghreb–Europe Gas Pipeline in order to reach the European gas network
The project was agreed upon at a time of strong international demand for oil and gas and a surge in prices following Russia's invasion of Ukraine
Tunisia government reaches pay deal with key union
The deal involves a five percent annual hike to public sector wages every year until 2025. The head of the...Tunisia has been hit hard by the coronavirus pandemic and global diplomatic fallout from the war in Ukraine
The government is locked in negotiations with the International Monetary Fund over a $2 billion bailout
ENEC shares expertise at cyber energy leadership forum
The Emirates Nuclear Energy Corporation (ENEC) hosted the first edition of the CyberEnergy Leadership Forum (CELF) in Abu Dhabi. Over...The one-day forum featured a leadership briefing, followed by a technical forum hosted by ENEC and the United States Department of Energy
ENEC is a leading entity that is spearheading cyber security in the UAE’s clean energy sector
Rosneft H1 net profit up 13%
The energy giant's H1 net profit rose to $7.2 billion.Having processed 45.8 million tonnes of oil this semester, Rosneft said its debt decreased by 12 percent from the beginning of the year.
The company' revenues increased by 32.5 percent, reaching $86.7 billion.
Thai SC dismisses Toyota appeal
The court dismisses appeal over $270m import tax bill.The case relates to Toyota Motor Thailand's importation of parts for its Prius model at a reduced tax rate between 2010 and 2012.
While Thailand's Central Tax Court ruled in favor of Toyota in 2017, the decision was later overturned.
Sharjah to host International Jewelry Designers Forum
Expo Centre Sharjah has said that it will host the International Jewelry Designers Forum on October 7.The forum will discuss a number of thematic topics, including future trends in jewelry and gem designs.
It will also discuss important techniques used in combining stones and lab-created diamonds.
Saudi Consumer Price Index rises by 3% in August: GASTAT
General Authority for Statistics said the main drivers of CPI inflation were the higher prices of food & beverages and...In August 2022, the Wholesale Price Index increased by 5.6 percent compared to the same month in 2021, but down from 6.8 percent in July 2022.
The increase resulted mainly from the increase in metal products, machinery and equipment prices that have a relatively high weight in the index.
US again approves most aid to Egypt despite rights concerns
President Joe Biden's administration on Wednesday approved most military aid to Egypt for a second straight year despite concerns on...Some of Biden's political allies have pressed for a wider cutoff of aid to Egypt, which rights groups estimate is holding more than 60,000 prisoners of conscience
Senator Chris Murphy, a Democrat, scoffed at the idea that Egypt was making progress and earlier this week called on the administration to withhold more funds
